WEELZ: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
WEELZ
Largest movements
- Cash -€45,859
down €45,859 (-53.5%), from €85,732 to €39,873
mainly Net result for the year (-€52,147) and Contributions, distributions and other (-€44,071)
- Reserves -€108,618
down €108,618 (-100.0%), from €108,664 to €46
- Trade debts +€83,215
up €83,215 (+15.7%), from €529,551 to €612,766
- Accrued charges and deferred income -€19,986
down €19,986 (-98.4%), from €20,310 to €325
- Contributions +€12,400
up €12,400 (+200%), from €6,200 to €18,600
- Tax, wage and social debts -€10,299
down €10,299 (-9.9%), from €104,495 to €94,196
of which Taxes: -€21,400
- Staff costs +€88,357
up €88,357 (+33.9%), from €260,739 to €349,095
- Other operating charges +€36,359
up €36,359 (+51.9%), from €70,097 to €106,456
- Gross operating margin -€33,854
down €33,854 (-7.4%), from €456,688 to €422,833
- Taxes -€27,705
down €27,705 (-97.8%), from €28,324 to €618
- Financial charges +€4,860
up €4,860 (+90.4%), from €5,379 to €10,239
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €810,848 | €771,687 | -€39,161 | -4.8% |
| Fixed assets | 21/28 | €46,962 | €39,669 | -€7,294 | -15.5% |
| Intangible fixed assets | 21 | €43,750 | €36,250 | -€7,500 | -17.1% |
| Tangible fixed assets | 22/27 | €3,212 | €3,419 | +€206 | +6.4% |
| Plant, machinery and equipment | 23 | €1,996 | €2,414 | +€418 | +21.0% |
| Other tangible fixed assets | 26 | €1,217 | €1,005 | -€212 | -17.4% |
| Current assets | 29/58 | €763,885 | €732,018 | -€31,867 | -4.2% |
| Stocks and contracts in progress | 3 | €6,748 | €9,036 | +€2,288 | +33.9% |
| Stocks | 30/36 | €6,748 | €9,036 | +€2,288 | +33.9% |
| Amounts receivable within one year | 40/41 | €654,850 | €660,282 | +€5,431 | +0.8% |
| Trade receivables | 40 | €613,046 | €543,462 | -€69,584 | -11.4% |
| Other amounts receivable | 41 | €41,805 | €116,820 | +€75,015 | +179% |
| Cash at bank and in hand | 54/58 | €85,732 | €39,873 | -€45,859 | -53.5% |
| Deferred charges and accrued income | 490/1 | €16,555 | €22,828 | +€6,273 | +37.9% |
| Total equity and liabilities | 10/49 | €810,848 | €771,687 | -€39,161 | -4.8% |
| Equity | 10/15 | €114,864 | €18,646 | -€96,218 | -83.8% |
| Contributions | 10/11 | €6,200 | €18,600 | +€12,400 | +200% |
| Reserves | 13 | €108,664 | €46 | -€108,618 | -100.0% |
| Distributable reserves | 133 | €108,664 | €46 | -€108,618 | -100.0% |
| Amounts payable | 17/49 | €695,984 | €753,041 | +€57,057 | +8.2% |
| Amounts payable within one year | 42/48 | €675,674 | €752,716 | +€77,043 | +11.4% |
| Current portion of amounts payable after more than one year | 42 | €37,500 | €41,627 | +€4,127 | +11.0% |
| Trade debts | 44 | €529,551 | €612,766 | +€83,215 | +15.7% |
| Suppliers | 440/4 | €529,551 | €612,766 | +€83,215 | +15.7% |
| Taxes, remuneration and social security | 45 | €104,495 | €94,196 | -€10,299 | -9.9% |
| Taxes | 450/3 | €73,650 | €52,250 | -€21,400 | -29.1% |
| Remuneration and social security | 454/9 | €30,845 | €41,946 | +€11,100 | +36.0% |
| Other amounts payable | 47/48 | €4,128 | €4,128 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €20,310 | €325 | -€19,986 | -98.4% |
| Remuneration, social security and pensions | 62 | €260,739 | €349,095 | +€88,357 | +33.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,597 | €8,592 | -€5 | -0.1% |
| Other operating charges | 640/8 | €70,097 | €106,456 | +€36,359 | +51.9% |
| Gross operating margin | 9900 | €456,688 | €422,833 | -€33,854 | -7.4% |
| Operating profit (loss) | 9901 | €117,255 | -€41,311 | -€158,565 | |
| Financial income | 75/76B | €39 | €21 | -€18 | -46.1% |
| Recurring financial income | 75 | €39 | €21 | -€18 | -46.1% |
| Financial charges | 65/66B | €5,379 | €10,239 | +€4,860 | +90.4% |
| Recurring financial charges | 65 | €5,379 | €10,239 | +€4,860 | +90.4% |
| Profit (loss) for the period before taxes | 9903 | €111,914 | -€51,529 | -€163,443 | |
| Income taxes | 67/77 | €28,324 | €618 | -€27,705 | -97.8% |
| Profit (loss) for the period | 9904 | €83,591 | -€52,147 | -€135,738 | |
| Profit (loss) for the period to be appropriated | 9905 | €83,591 | -€52,147 | -€135,738 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.